D.R. Horton, Inc. (DHI – Free Report) came up with yet another stellar show in the second quarter of fiscal 2017, with both earnings and revenues beating the Zacks Consensus Estimate given solid housing market scenario. The Texas-based homebuilder’s order trends remained strong in the quarter. Shares of this homebuilder escalated 2.36% in the pre-market trading session post earnings release at the time of writing.

Earnings & Revenue Discussion

The company reported earnings of 60 cents per share, beating the Zacks Consensus Estimate of 59 cents by 1.7%. Earnings also increased 15.4% year over year driven by higher home sales.

Total revenue (homebuilding and financial services) of $3.25 billion beat the Zacks Consensus Estimate of $3.09 billion by 5.2%. Total revenue also rose 17.5% year over year.

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